Banks don’t just act as an intermediary, they also create money, and focus on encouraging us all to build up debt. So, can we regulate banks to ensure they work in ways which are best for the community?
Phil talks to Prof Steve Keen on the lies and misunderstands of the economics profession
Steve Keen and I agree on lots of things, but fall on either side of the Brexit camp. One of us believes Britain should have remained to fight EU bureaucracy from the inside, the other suggests the community is fundamentally flawed, along with the concept of free trade, and will collapse soon anyway.
It’s as though Fed’s John Williams didn’t say anything on Thursday. NAB’s Rodrigo Catril on how the expectation now is back to a 25 basis point cut from the Fed next week: https://t.co/aVwLbhTxWG
There's something quite annoying about someone as privileged as @Jacob_Rees_Mogg, with his references to (his) "nanny", referring constantly to those against Brexit as 'snowflakes' (on @lbc). No wonder satire is dead. It's the new reality. Lasted a minute before turning off.